Proven Results

Results

Mr. Lendrum is proud to report that he has been instrumental in achieving recoveries exceeding $100 million on behalf of his clients. Below are examples of the results he has obtained in recent years. Due to confidentiality and ethical restrictions, identifying information is omitted.

2016

Investment Fraud

Representation of a senior citizen residing in South America who suffered massive investment losses in currency trading. After a trial in Los Angeles Superior Court, our client was awarded $1.6 million, which included all of his money back, plus punitive damages attorneys' fees.

Business and Employment Fraud

Representation of a small business owner against purchaser of her business alleging misrepresentations and omissions of facts and wrongful termination. Shortly after the litigation was commenced, the matter was awarded a substantial settlement.

Investment Fraud

Representation of an out-of-state resident against California individuals and a national business who solicited money over the phone based on material misrepresentation and omissions. Client was awarded all of his money back, plus interest.

Investment Fraud

Client loaned money and entered into Promissory Notes with a Los Angeles based company who failed to honor the notes. We asserted the Promissory Notes were solicited and entered into based on material misrepresentation and the client was awarded all of his money back, plus interest and attorneys' fees.

2015

Investment Fraud

Client was induced to liquidate retirement accounts and purchase unsuitable investments, including life insurance products, based on material misrepresentations. Court entered Judgment in favor of Client for nearly three-quarters of a million dollars, which included triple damages damages.

Breach of Fiduciary Duty and Conversion

Representation of Client against his former accountant who was alleged to have embezzled significant sums from client and breached her fiduciary duties. Client obtained a Judgment for nearly one million dollars.

Investment Fraud

Real estate investors, many of whom were elderly, who purchased real estate investments based on alleged misrepresentations and omissions were awarded a substantial seven-figure settlement against the seller of the investments.

Wrongfully terminated Investment Advisor

Former Branch Manager/Investment Advisor accused former employer of retaliatory termination and misrepresentations was awarded a substantial settlement after the commencement of trial.

Investment Fraud

Representation of elderly clients who purchased real estate investments based on alleged misrepresentations and omissions of important facts against their investment advisors and sellers of investments.

2012-2014

Investment Fraud

Claims against a large retail brokerage firm alleging stock price manipulation and securities fraud. Clients were awarded a substantial seven-figure settlement.

Breach of Fiduciary Duty

Representation of clients against their real estate agent who lost their home based on material misrepresentations and omissions. We were successful in returning title of the property to our clients and recovering significant damages and attorneys' fees.

Breach of Fiduciary Duty/Stock Broker Malpractice

Representation of estate of deceased former client of a national brokerage firm for unsuitable and inappropriate investments. Client was awarded a substantial settlement and reimbursed for the decedent's losses.

Investment Fraud/Breach of Fiduciary Duty

Representation of a single mother against financial advisors against a national investment services firm alleging misrepresentations and omissions of material facts in connection with the sale of insurance products and promissory notes. Client obtained a Judgment of nearly three-quarters of a million dollars.

Investment Fraud

Representation of a group of investors claiming they were induced to purchase shares of a company based on misrepresentation and omissions of material facts. Clients received a substantial settlement, which included buy-back of their investments.

Breach of Fiduciary Duty/Stock Broker Malpractice

Representation of a client against a national brokerage firm alleging misrepresentation and omissions in connection with the sale of illiquid and inappropriate investment products. Client was awarded a substantial settlement that included unwinding the investment transactions.

Real Estate Fraud/Breach of Fiduciary Duty

Representation of a client who was induced to refinance his home and purchase inappropriate investments, including insurance products, based on alleged misrepresentation and omissions of material facts. Client was awarded a substantial settlement, plus the refinance of his home on favorable terms.

These results are not guaranteed

In The News

Mr. Lendrum's cases have frequently been the subject of feature stories by The New York Times, San Diego Union Tribune, San Diego Daily Transcript, Fox News and KUSI News.

NewYork Times SanDeigoMagzine UT SanDiego Daily Transcript FoxNewsChannel News

EXAMPLES OF LENDRUM LAW FIRM IN THE NEWS

Investment Fraud Litigation: In January 2016, Mr. Lendrum successfully prosecuted claims against a National foreign currency (forex) brokerage firm. After nearly a year of contentious litigation including a one week trial, the Court ruled in Mr. Lendrum' s client's favor and found the brokerage firm and its Chief Executive Officer liable and order them to pay our client $1.6 million plus attorneys' fees and court costs. This decision and the subsequent efforts by the brokerage firm and its CEO to avoid paying Mr. Lendrum's client were reported on by multiple industry publications.

ATC Brokers bankruptcy: The real story of fraud, intimidation, trips to Disney and a leased Porsche

Churned and Burned: The Emerging Picture behind ATC Brokers' Bankruptcy

Securities Litigation: Mr. Lendrum is one of a select group of attorneys in the world to have successfully challenged an NASD arbitration award in federal court. In 2006, Mr. Lendrum obtained a finding by a United States District Court Judge that an NASD arbitration panel committed "manifest disregard of the law" by not awarding Mr. Lendrum's clients the full extent of their investment losses. This historical decision received national recognition and was the subject of multiple articles in the New York Times including:

FAIR GAME; When Winning Feels a Lot Like Losing by Gretchen Morgenson, published December 10, 2006

Gretchen Morgenson: An Arbitration Nightmare for a Former Morgan Stanley Investor Herald Tribune

Dear S.E.C., Reconsider Arbitration, also by Ms. Morgenson and published May 6, 2007

Additionally, the San Diego Union Tribune wrote an article, featuring Mr. Lendrum, on traveling out-of-state for arbitration hearings.

Real Estate Fraud: In a real estate fraud case, Lendrum Law Firm and a client appeared on the November 15, 2007 episode of The Turko Files.